Currencies

18,760 cryptocurrencies are being traded on 500+ exchanges. but If something similar to the dotcom bubble were to burst right now, 99.99% of these “sh*tcoins,” as they’re called, would disappear overnight.

A definition of fiat currency and what smart investors need to know about it.

John Rubino of DollarCollapse.com has collected the most recent top 10 videos and they are all posted here for your viewing pleasure.

The U.S. dollar has been the world’s dominant currency since the end of World War II with roughly half of international trade, international loans, and global debt securities being denominated in USD as illustrated in the graphic below.

China has taken an unprecedented step towards cryptocurrencies and blockchain technology and launched the world’s first government-backed cryptocurrency on November 2nd, 2021, and, if the digital yuan succeeds, and weakens the USD too much, the dollar’s status as global reserve currency could also be at stake.

Today’s infographic from TitleMax illustrates the U.S. supply of currency notes, the shelf life of each type of bill, and how the whole system works as a whole.

Our politicians seem convinced that giant mountains of dollars can be printed, borrowed and spent indefinitely without any repercussions, and 78% of Americans fully support what they are doing BUT if you are in that 78 percent, you are wrong!

While our year-end price target for Bitcoin is $100,000, we believe that Bitcoin prices will soar much, much higher in the long run - like 5X higher. That’s right, we think Bitcoin is going to $500,000 and the rationale is simple.

Central bank digital currencies (CBDCs) are an inevitable evolution of today's electronic currencies and, as a result, 87 countries are looking at introducing such currencies.

Explosive fires always end in everything burning down or imploding eventually and this is just what is going to happen in the next few years. A massive forest fire is not just totally inevitable but is also an absolute necessity.